15. Analyzing Insurance Coverage Bids: Tom would like to purchase property insurance on his house. He is analyzing two Insurance Coverage Bids offered by two insurers A and B. Two offers have the same coverage amount. However they have different premiums and deductibles: - Insurer A's coverage requires an annual premium of $120,000 with $7,000 per-claim deductible. - Insurer B's coverage requires an annual premium of $45,000 with $12,000 per-claim deductible. Using various loss forecasting methods, Tom came up with the following results: Exnected umber of Losses Expected Size of Losses Total expected number of losses =28 Given the discount rate of r=5%, which coverage bid should Tom select